$885,000

Estimated payment $4,989/month

Total Views 1,187
-- Bed
-- Bath
2,700 Sq Ft
$328 Price per Sq Ft

Highlights

  • Rooftop Deck
  • Stainless Steel Appliances
  • Home Security System
  • Contemporary Architecture
  • Intercom
  • Forced Air Heating and Cooling System

About This Home

**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!**

Welcome to this exceptional fully rented triplex situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2023, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers.

**Key Features:**

- **New Construction**: Completed in 2023, this triplex boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come.

- **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement in place until 2034, enhancing your investment returns.

- **Fully Rented**: All units are currently rented, providing immediate cash flow. The stable rental income makes this an attractive investment opportunity.

- **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment.

**Group Purchase Opportunity:**

This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 1107 S. 27th St, and 2609-11 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia.

Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this triplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods.

Schedule a viewing today and envision the possibilities!

Unit-A - 1 bed / 1 bath w/ parking (driveway)
Unit-B - 2 bed / 2 bath
Unit-C - 3 bed / 3 bath w/ roof deck

Listing Agent

Matthew Ostroff

Compass RE Listed on: 07/11/2025

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,444

Year Built

  • Built in 2023

Lot Details

  • 1,140 Sq Ft Lot
  • Lot Dimensions are 15.00 x 76.00

Home Design

  • 2,700 Sq Ft Home
  • Triplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Fiberglass Roof
  • Concrete Perimeter Foundation

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Gas Front Loading Dryer
  • Front Loading Washer

Home Security

  • Home Security System
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 1 Parking Space
  • 1 Driveway Space

Outdoor Features

  • Rooftop Deck

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Point Breeze Subdivision

Listing and Financial Details

  • Assessor Parcel Number 362023802

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,444

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 7/11/2025 12:00:00 AM
  • Year Built: 2023
  • Remarks Public: **Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!** Welcome to this exceptional fully rented triplex situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2023, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers. **Key Features:** - **New Construction**: Completed in 2023, this triplex boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come. - **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement in place until 2034, enhancing your investment returns. - **Fully Rented**: All units are currently rented, providing immediate cash flow. The stable rental income makes this an attractive investment opportunity. - **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment. **Group Purchase Opportunity:** This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 1107 S. 27th St, and 2609-11 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia. Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this triplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods. Schedule a viewing today and envision the possibilities! Unit-A - 1 bed / 1 bath w/ parking (driveway) Unit-B - 2 bed / 2 bath Unit-C - 3 bed / 3 bath w/ roof deck
  • Special Features: NewHome

Interior Features

  • Appliances: Stainless Steel Appliances, Dishwasher, Washer - Front Loading, Dryer - Front Loading, Dryer - Gas, Oven/Range - Gas, Refrigerator, Freezer, Built-In Microwave
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 2700
  • Living Area Sq Ft: 2700
  • Price Per Sq Ft: 327.78
  • Above Grade Finished Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2613

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Roof Deck
  • Roof: Fiberglass
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System, Sprinkler System - Indoor, Smoke Detector, Carbon Monoxide Detector(s), Intercom
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: SR
  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.00 x 76.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1140.00
  • Year Assessed: 2025
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1368.00
  • Tax Annual Amount: 2444.00
  • Assessor Parcel Number: 362023802
  • Tax Total Finished Sq Ft: 2700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $885,000 -- $328 / Sq Ft
Source: Bright MLS

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Source: Bright MLS

MLS Number: PAPH2511026

Bright MLS